Donald Trump threatens 100% tariff on countries that turn away from the dollar

[TheCount]

Donald Trump pledged on Saturday to make it too costly for countries to shift away from using the US dollar, adding a new pillar to his tariff platform.

“You leave the dollar and you’re not doing business with the United States because we are going to put a 100% tariff on your goods,” the Republican presidential nominee said at a rally in the battleground state of Wisconsin.

...

Trump, who has long embraced protectionist trade policies, said the dollar has been “under major siege” for eight years. China, India, Brazil, Russia and South Africa discussed de-dollarization at a summit last year. By contrast, Trump wants the dollar to remain the world’s reserve currency, a pledge he renewed at Saturday’s rally.

https://fortune.com/2024/09/07/donal...om-the-dollar/

No details yet on the punishment for Americans who use alternative currencies.

[WarriorLiberty]

the United States because we are going to put a 100% tariff on your goods

These tariffs would only hurt the US public Products not China or those countries in general.



PC gamers face higher hardware costs as tariffs on Chinese goods set to return

PC parts, including graphics cards, motherboards, and even PC cases, look set to increase in price by as much as 25% as the Biden administration prepares to resume all the Trump-era tariffs placed on Chinese goods following a five-month delay.

[Swordsmyth]

These tariffs would only hurt the US public Products not China or those countries in general.



PC gamers face higher hardware costs as tariffs on Chinese goods set to return

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

[TheCount]

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

What does that have to do with the dollar?

[acptulsa]

Only in the short term, if then.

Slave labor goods and other foreign cheap goods are like drugs for the economy, they provide a short high and destroy the system.

And if U.S. companies can't sell to other countries because Trump won't let them take anything but Federal Reserve Toilet Paper in exchange...?

What does that have to do with the dollar?

Little if anything. Probably nothing. Petroleum wars, on the other hand, have a great deal to do with the petrodollar. And while some people don't like petrodollar wars when Democrats start them, death and destruction is their cat's pajamas when Trump does it.

[acptulsa]

I certainly hope this scuttles any silly talk about Trump relaxing the Fed's legal tender laws...

[vita3]

With all the Kamala hate almost forgot about how much Trump overreached with Presidential Economic Power

[acptulsa]

With all the Kamala hate almost forgot about how much Trump overreached with Presidential Economic Power

The Lesser Evil Gambit works very well.